Business
NCBA Group posts 77% profit growth, announces Ksh.0.75 dividend per share
August 30, 2021
NCBA Group posts 77% profit growth, announces Ksh.0.75 dividend per share
NCBA Group has posted a 77 percent increase in net earnings for the year ended June 30. The group made…
Kenya Shilling depreciates against US Dollar to close at Ksh.109.8
August 30, 2021
Kenya Shilling depreciates against US Dollar to close at Ksh.109.8
The Kenyan shilling depreciated by 0.2 percent against the US dollar to close the week at Ksh.109.8, from Ksh.109.5 recorded…
Arsonists torch a Ksh.9 million worth of sugarcane plantation in Transmara
August 27, 2021
Arsonists torch a Ksh.9 million worth of sugarcane plantation in Transmara
A 15-acre sugar-cane plantation worth Sh9 million was razed to the ground by unknown arsonists in Mapashe village in Transmara…
UK retains travel ban on Kenya amid tourism season
August 27, 2021
UK retains travel ban on Kenya amid tourism season
The United Kingdom updated its travel ban list on Thursday and maintained Kenya on ‘Red list’ at a time when…
Bamburi Cement pretax profit up 416.4% to Ksh.1.1 billion
August 27, 2021
Bamburi Cement pretax profit up 416.4% to Ksh.1.1 billion
Bamburi Cement Plc has posted a record Ksh.1.1 billion pretax profit for the year ended June 30, 2021, a 416.4…
NSE records 30 percent net profit loss to Ksh.77.4 million
August 27, 2021
NSE records 30 percent net profit loss to Ksh.77.4 million
The Nairobi Security Exchange (NSE) has reported Ksh.77.4 million after tax profit for the period ended June 30, a 30…
Liberty Insurance half year profit drops 30.9% to post Ksh.265 million
August 27, 2021
Liberty Insurance half year profit drops 30.9% to post Ksh.265 million
Liberty Kenya Holdings PLC has recorded a drop in its half year earning by 30.9 percent to record Ksh.265 million.…
Serena Hotels narrows loss on forex gains
August 27, 2021
Serena Hotels narrows loss on forex gains
TPS Eastern Africa Plc, which trades as the Serena Hotels has narrowed its half year loss to record Ksh.557.3 million…
Deadly explosions at Kabul airport, U.S. casualties, Pentagon confirms
August 26, 2021
Deadly explosions at Kabul airport, U.S. casualties, Pentagon confirms
There were at least two explosions near Kabul’s airport amid a huge evacuation effort from Afghanistan, the Pentagon said on…
KenGen launches Y-Gen platform for youth mainstreaming
August 26, 2021
KenGen launches Y-Gen platform for youth mainstreaming
Kenya Electricity Generating Company (KenGen) PLC has launched a youth empowerment program dubbed Y-Gen, that seeks to promote career development…